Common use of Notification of interest rate Clause in Contracts

Notification of interest rate. The Agent shall notify the Borrower and each Lender of the rate of interest as soon as it is determined.

Appears in 2 contracts

Samples: Loan Agreement (Top Ships Inc.), Loan Agreement (Oceanfreight Inc.)

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Notification of interest rate. The Facility Agent shall notify the Borrower Borrowers and each Lender of the rate of interest as soon as it is determined.

Appears in 2 contracts

Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)

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Notification of interest rate. The Facility Agent shall notify the Borrower and each Lender of the rate of interest as soon as it is determined.

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

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